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Reading: Trump tariffs loom over Europe: Is a US-EU commerce conflict inevitable?
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The Wall Street Publication > Blog > World > Trump tariffs loom over Europe: Is a US-EU commerce conflict inevitable?
World

Trump tariffs loom over Europe: Is a US-EU commerce conflict inevitable?

Editorial Board Published November 22, 2024
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Trump tariffs loom over Europe: Is a US-EU commerce conflict inevitable?
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There’s nervousness in Brussels in regards to the incoming US administration. That isn’t simply right down to Donald Trump’s plans for Ukraine, but additionally due to his pledge to slap tariffs on EU items of no less than 10 p.c. Trump insists that the EU must “pay a big price” for not shopping for sufficient American exports. That would hit key industrial sectors exhausting, not least automotive manufacturing. And officers from the European Central Financial institution are actually warning of the harm that US tariffs would do to financial progress within the eurozone. However is a commerce conflict inevitable, or might the 2 sides negotiate an off-ramp? We put the query to 2 MEPs.

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